Handbook of OPEC and the global energy order: past, present, and future challenges

Cover -- Half Title -- Title Page -- Copyright Page -- Table of Contents -- List of illustrations -- List of contributors -- Preface -- 1. OPEC and the global energy order: Past, present and future challenges -- PART I: OPEC and the member countries -- 2. Oilmen, Petroleum Arabism and OPEC: New political and public cultures of oil in the Arab world, 1959-1964 -- 3. Saudi Arabia's role in OPEC's evolution: OPEC and the global energy order from its origins to the present time -- 4. Trade not aid: OPEC and its contribution towards restructuring the Iranian economy in the 1960s -- 5. Algeria and OPEC -- 6. From norm entrepreneur to reluctant overachiever: Venezuela in the history of OPEC -- 7. Nigeria and the uncertain future of the oil market -- PART II: OPEC and consuming countries -- 8. Be prepared!: Emergency stockpiles of oil among Western consumer countries prior to the International Energy Agency system -- 9. Talking about OPEC without talking to OPEC?: The (non-)relationship between the International Energy Agency and OPEC 1974-1990 -- 10. How OPEC made the G7: Western coordination in the wake of the 'oil shock' -- 11. The US response to OPEC -- 12. China and OPEC: From ideological support to economic cooperation -- 13. The European communities and OPEC: From entangled international organizations to liberalism (1960s-1980s) -- PART III: OPEC, non-OPEC and the international oil companies -- 14. The changing relationship between OPEC countries and international oil companies: The dynamics of bargaining power in an evolving market -- 15. Ignoring, countering and undercutting OPEC: Britain, BP, Shell and the shifting global energy order (1960-1986) -- 16. Consumer countries, producer countries, and the oil industry: Italy's role in the evolution of oil contracts (1955-1975).

"The Organization of the Petroleum Exporting Countries (OPEC), celebrating its 60th anniversary in 2020, is one of the most recognizable acronyms in international politics. The organization has undergone decades of changing importance, from political irrelevance to the spotlight of world attention and back; and from economic boom for its members to deep political and financial crisis. This handbook, with chapters provided by scholars and analysts from different backgrounds and specializations, discusses and analyzes the history and development of OPEC, its global importance, and the role it has played, and still plays, in the global energy market. Part I focuses on the relationship between OPEC and its member states. Part II examines the relationship between OPEC and its customers, the consuming countries and their governments, while Part III addresses the relationship between OPEC and its competitors and potential partners, the non-OPEC producers, and the international oil companies. The final section, Part IV, looks at OPEC and the governance of international energy."